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the obama campaign is also pointing to some revised job numbers to make its case. the u.s. bureau of labor statistics said yesterday there were nearly 400,000 more jobs created in the previous year that ended in march. that would mean that there are a higher number of jobs than when president obama took office. but the u.s. still has four million fewer jobs since before the collapse of the financial sector. there's other sobering data as well, showing a still sluggish recovery. the commerce department revised its estimate of second-quarter economic growth down yesterday from 1.7%. mitt romney seized on the change in springfield, virginia. >> we are at 1.3%. this is... this is unacceptable. >> woodruff: other economic indicators also paint a mixed picture. the stock market itself, while down today, has been climbing in recent weeks to its highest levels in nearly five years. today, the dow jones industrial average lost almost 49 points after a weak manufacturing report and worries over europe to close just over 13,437. and the housing market may be stabilizing. a key index s
the obama campaign is also pointing to some revised job numbers to make its case. the u.s. bureau of labor statistics said yesterday there were nearly 400,000 more jobs created in the previous year that ended in march. that would mean that there are a higher number of jobs than when president obama took office. but the u.s. still has four million fewer jobs since before the collapse of the financial sector. there's other sobering data as well, showing a still sluggish recovery. the commerce...
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look to the bumps -- >> for obama though. >> but that bump is already coming down. and look at the bump we got for killing osama bin laden. that bump was gone like. this i don't know if bumps really exist for that long anymore because we are such a 24-hour -- >> quickly. >> on this -- i think that we have 39 days out and you saw a bump from the president's convention and you have romney making mistakes. if you look behind the numbers, if you think he can lead, romney still has a shot at this. >> quickly. motivating his base because that's all that is left. and frankly -- >> [ indiscernible ] that that's right. i don't write that off. we still have to contend with a pile of money they going to pour out at the end and we still have to contend with voter id. >> let us know what you think about this. please follow me on twitter @bonnieerbe. from girls with guns to biased science professors. despite years of fighting gender bias in the sciences, a new study by researchers at yale says science professors at american universities regard female undergraduates as less compet
look to the bumps -- >> for obama though. >> but that bump is already coming down. and look at the bump we got for killing osama bin laden. that bump was gone like. this i don't know if bumps really exist for that long anymore because we are such a 24-hour -- >> quickly. >> on this -- i think that we have 39 days out and you saw a bump from the president's convention and you have romney making mistakes. if you look behind the numbers, if you think he can lead, romney...
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obama takes no interest in this. rick, when was the last time you even heard president obama talk about growth? >> let me actually switch -- let me switch to mark now. mark, what do you think of the obama tax plan? >> well, look, i don't know if obama has really a tax plan, but i don't think the problem is taxes here. i think the problem is people don't have an income. the reason they don't have an income, they don't have jobs. we have a demand problem in the economy, not a tax problem. cutting taxes, if you have no income, does not make any difference. we need to stimulate demand. how can we stimulate demand? we can do it in a variety of ways, but cutting taxes is not going to get us where we want to go. >> victoria, the message of mitt romney, and a lot of people, is if you overhaul this complex tax code and get the incentives back in, that will help small businesses, particularly go out, build their businesses, and hire more people. >> i think that's absolutely true. business owners, small and large, are holding b
obama takes no interest in this. rick, when was the last time you even heard president obama talk about growth? >> let me actually switch -- let me switch to mark now. mark, what do you think of the obama tax plan? >> well, look, i don't know if obama has really a tax plan, but i don't think the problem is taxes here. i think the problem is people don't have an income. the reason they don't have an income, they don't have jobs. we have a demand problem in the economy, not a tax...
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president obama won by 600,000 boats in pennsylvania last time. this really does determine the election. i don't care who you are for. this will determine the election. it is a huge problem or the country. we should be celebrating voters going to the polls, not putting impediments in their way. host: the radio program "democracy now" turns 25 this year? guest: we started in 1996. we were just on radio. the week of september 11, 2001, we started on the first television station in new york city on public access. then it just caught on like wildfire beyond the election and more television stations aired us and radio stations and npr stations and pbs stations all over the country. we just went on pbs in washington, d.c. and whuc at howard university and we are now on over 1100 stations. it was originally from pacifica radio. that was founded in the bay area 60 years ago. over 300 radio stations take it all over the world. i think this is because of the hunger for independent voices. and to bend, authentic voices -- independent, authentic voice is all
president obama won by 600,000 boats in pennsylvania last time. this really does determine the election. i don't care who you are for. this will determine the election. it is a huge problem or the country. we should be celebrating voters going to the polls, not putting impediments in their way. host: the radio program "democracy now" turns 25 this year? guest: we started in 1996. we were just on radio. the week of september 11, 2001, we started on the first television station in new...
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jessica, president obama could win. congress could come back with the same composition that it has now. what does the president do, as i ask, between election day and the end of the year to protect americans from the fiscal cliff? >> well, there's, obviously, two scenarios. but one where he will not extend the bush tax cuts for the wealthiest americans. so, the fiscal cliff is going to be folded in in some way into renegotiating the tax cuts and how they get extended. and i think he'll say it's a no go. i'm fought going to extend the bush tax cuts. so, either we can negotiate it now in these few remaining weeks before christmas or we can face a government shut down. i think there will be a little bit of chicken game playing at the end of the year. and what most people in washington think will likely happen is they'll negotiate some way to say, here's a broad framework for what both sides want, let's work it out next year. we'll see. >> sheila, i kind of think americans are a little dilutional they are about the economic
jessica, president obama could win. congress could come back with the same composition that it has now. what does the president do, as i ask, between election day and the end of the year to protect americans from the fiscal cliff? >> well, there's, obviously, two scenarios. but one where he will not extend the bush tax cuts for the wealthiest americans. so, the fiscal cliff is going to be folded in in some way into renegotiating the tax cuts and how they get extended. and i think he'll...
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president obama is up by 2 points. in swing state new hampshire, it's president obama up by 5
president obama is up by 2 points. in swing state new hampshire, it's president obama up by 5
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president obama. -- mocking president obama. then seeing nikki haley mocking them. this is quite astounding. there is billions of dollars from the united states. be honest about it -- let's have some fact-based journalism. they had a debt clock that the convention. it was going up really fast. as i saw that slogan "we built it" and i saw the dead going up, yes, they built the debt. it is no one person or party. it is about a government that we have to all decide how to care for the people of this country. how do we insure that all the people who worked their whole lives are not foreclosed on and living on the street? host: amy goodman is the host of "democracy now." and an author. our next call comes from daniel on airline for republicans -- on our line for republicans. is that you? who is this? caller: this is canada. -- kenneth. >> i appreciate the work ms. goodman desperate she is a conscientious person. she is in the service of the public. i appreciate the work that cspan does. i noticed the last
president obama. -- mocking president obama. then seeing nikki haley mocking them. this is quite astounding. there is billions of dollars from the united states. be honest about it -- let's have some fact-based journalism. they had a debt clock that the convention. it was going up really fast. as i saw that slogan "we built it" and i saw the dead going up, yes, they built the debt. it is no one person or party. it is about a government that we have to all decide how to care for the...
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seven times obama could have taken action. seven times he said no. >> president obama has fought back with his own barrage of ads on china. >> day one, president romney stands up to china. >> but would he? "the washington post" has just revealed that romney's companies were pioneers in shipping u.s. jobs overseas. romney's never stood up to china. all he's ever done is send them our jobs. >> the president is also fighting back with facts on the campaign trail. >> when you see these ads he's running promising to get tough on china, it feels a lot like that fox saying you know, we need more secure chicken coops. i mean, it's just not credible. ohio, i'll tell what you i've done. we've brought more trade cases against china in one term than the previous administration did in two. and, by the way, we've been winning those cases. >> president obama spot on. his record on china is very clear. the obama administration as filed, couldn't them, eight cases against china over unfair trade practices, including one last week accusing chin
seven times obama could have taken action. seven times he said no. >> president obama has fought back with his own barrage of ads on china. >> day one, president romney stands up to china. >> but would he? "the washington post" has just revealed that romney's companies were pioneers in shipping u.s. jobs overseas. romney's never stood up to china. all he's ever done is send them our jobs. >> the president is also fighting back with facts on the campaign trail....
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president obama is up by 2 points. in swing state new hampshire, it's president obama up by 5 points, in swing state up pennsylvania, it president obama up a by 7 points. do we still call michigan a
president obama is up by 2 points. in swing state new hampshire, it's president obama up by 5 points, in swing state up pennsylvania, it president obama up a by 7 points. do we still call michigan a
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and the reason for that is after november 6, if obama wins, he's unfound. he no longer has to worry about reelection. and i think, frankly, for that real line that is most likely to be one the israelis are looking at, if they knew that romney was going to win and are confident they could wait for 2013 they would rather do that because then the u.s. would probably join in. but that's a chance i don't think they feel are necessary can take so they're going to take a fresh look at any early october, their plans are in place. and they have a higher opinion of chances of success the obama administration has, or other quarters. >> i'm skip gilleland, i'm one of the board members here at the discovery institute. i'm an engineer and i have a little bit of expertise in commercial nuclear power. i think it's important to understand, and i don't think you're saying this, but it's important to understand that in order to destroy israel, or even tel aviv for that matter, it's going to take multiple thermonuclear weapons, and none of these terrorist regimes have the capa
and the reason for that is after november 6, if obama wins, he's unfound. he no longer has to worry about reelection. and i think, frankly, for that real line that is most likely to be one the israelis are looking at, if they knew that romney was going to win and are confident they could wait for 2013 they would rather do that because then the u.s. would probably join in. but that's a chance i don't think they feel are necessary can take so they're going to take a fresh look at any early...
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so if obama gets elected they stay in. if romeny gets elected which he won't then he can't necessarily change it so let's just build that those tax cuts are gonna expire at the end of the year period. the one thing that i can tell you that is very troublesome to me as i look at prices, as i look across as i look at hog prices priced for next summer, i look at cattle prices, i look at grain prices and that is that why is it that we ignore the food and energy component of cpi? so, i could be ben bernanke's speech writer because he says the same thing every time he goes in front of the senate is we don't see any particular problem with inflation. really, we don't corn prices just nearly double in three months. so, how is it there is no inflation? >> reporter: do you get any sense that the ethanol mandate is going to change under either administration under obama or if romney would get elected? >> well is sure seems like the word ethanol has turned into a pejorative and it's not exactly the most positive topic. i just don't kn
so if obama gets elected they stay in. if romeny gets elected which he won't then he can't necessarily change it so let's just build that those tax cuts are gonna expire at the end of the year period. the one thing that i can tell you that is very troublesome to me as i look at prices, as i look across as i look at hog prices priced for next summer, i look at cattle prices, i look at grain prices and that is that why is it that we ignore the food and energy component of cpi? so, i could be ben...
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mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. ♪ [ female announcer ] with cisco at the center... ♪ ♪ ♪ that should do it. enjoy your new shower. [ door opens, closes ] >>> new chapter in the search for jimmy hoffa. police broke through concrete in michigan today. their findings ahead. in today'g environment. unless you have the right perspective. bny mellon wealth m
mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off...
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so a useful event for the obama campaign. and again, a way to bank votes early, particularly among students who they want to be free on election day to volunteer and help get out the vote. >> you know, it's kind of interesting though, jamie. people are starting to vote before we've even had our first debate in this election between the two candidates head-to-head. so you got to wonder if some people would rather have waited until maybe thursday to send in their votes. these must be people who have known for a long time and that's it. >> well, yeah. you raise a good point. this is a calculus that the obama campaign seems to be depending on, is that they can mitigate some of the risk of a bad debate, perhaps, by banking these votes early to make sure that they can build it up. and they point to a statistic, alex, that in 2008 obama lost the election on election day here in iowa. but won overall in iowa because of votes that the campaign had banked prior to the election day on early voting. >> jamie, thank you. >>> in a moment,
so a useful event for the obama campaign. and again, a way to bank votes early, particularly among students who they want to be free on election day to volunteer and help get out the vote. >> you know, it's kind of interesting though, jamie. people are starting to vote before we've even had our first debate in this election between the two candidates head-to-head. so you got to wonder if some people would rather have waited until maybe thursday to send in their votes. these must be people...
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i don't think -- sorry, the obama administration or the european administrations are more happy with the democracy than they were with dictators as, you know, i think it's a question of interest. what are the interests now? over the last ten years, the chinese economy present in the middle east was multiplied by seven. it's a very powerful presence, and the greek countries brazil, india, china, russia, south africa, turkey, indonesia, are playing a very important role in the region, and we don't talk about this, but it's -- there is a shift here, and for many reasons, it has -- it's going to have an impact. on the countries on the relationship between israel and other arab countries because remember china has not the same relationship to israel than the united states of america. this is a very big concern. what is going to happen in the region? we have to take these seriously. it's not just political, but economic and this is a second point which is the answer. the economic vision coming from the arab world, when i was talking to the current president in tunisia, i was with him recen
i don't think -- sorry, the obama administration or the european administrations are more happy with the democracy than they were with dictators as, you know, i think it's a question of interest. what are the interests now? over the last ten years, the chinese economy present in the middle east was multiplied by seven. it's a very powerful presence, and the greek countries brazil, india, china, russia, south africa, turkey, indonesia, are playing a very important role in the region, and we...
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deputy secretary in the obama congress. great to have you here. >> thanks for having me. >> we know the headline numbers. gdp growth is down, i don't think anyone thinks, awesome, 1.1, 1.2% growth. no one likes that. unemployment, too high. no one is happy except for some of the people on federal reserve board. is happy with unemployment above 8% and yet i think the economic picture is a bit more complicated than the headline numbers indicate. i have been very critical from the left of the recovery have been surprised. joe, are there things you're seeing in the data that suggest why voters seem more bullish on the economy than you might anticipate they would be. >> let me break it down. >> break it down. >> there's two ways of looking at it. one is, the economy is bad. the unemployment is way too high. gdp growth is slow is a really disappointing. we'd like it much stronger. on the other hand, there is this relative way of looking at it compared to other crises, compared to what's going on in europe, compared to what's goin
deputy secretary in the obama congress. great to have you here. >> thanks for having me. >> we know the headline numbers. gdp growth is down, i don't think anyone thinks, awesome, 1.1, 1.2% growth. no one likes that. unemployment, too high. no one is happy except for some of the people on federal reserve board. is happy with unemployment above 8% and yet i think the economic picture is a bit more complicated than the headline numbers indicate. i have been very critical from the left...
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the obama administration will need to get approval from congress for the changes. some u.s. lawmakers remain concerned about myanmar's treatment of political prisoners and ethnic minorities. washington will keep a watchful eye on the progress of myanmar's reforms as it eases sanctions. now, aung san suu kyi is also in new york on wednesday. she took part in a u.n. symposium on education. she's been working hard to improve myanmar's ties with the outside world. observers say thein sein is stressing his alliance with the opposition leader to convince western nations to eliminate sanctions against myanmar. >>> torrential rain continues to wreak havoc across pakistan. at least 370 people have been killed and almost 1,200 injured during this year's monsoon. the national disaster management authority says southern sindh province is hardest-hit. 188 people have been killed and more than 28,000 displaced in the area. heavy rain has also devastated the eastern province of panjub. 60 people there have died. army troops are working around the clock to aid flood victims. officials say t
the obama administration will need to get approval from congress for the changes. some u.s. lawmakers remain concerned about myanmar's treatment of political prisoners and ethnic minorities. washington will keep a watchful eye on the progress of myanmar's reforms as it eases sanctions. now, aung san suu kyi is also in new york on wednesday. she took part in a u.n. symposium on education. she's been working hard to improve myanmar's ties with the outside world. observers say thein sein is...
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i bring up the case of obama. when you had democrats ruling and everything they couldn't get everything done, two-party, i don't know. north versus the south didn't work real good for us 150 years ago, but why not have it set up eastern and central and pacific? three parties divided like the time zone. host: by the time zones, all right. don in tennessee on our line for independents. caller: thank you. host: more from the report from the gallup survey. they write that democrats are more likely than republicans to express faith in the federal government's ability to handle domestic problems, insofar as politically unified executive branches ease the passage of laws and the implementation of policies designed to solve national problems, democrats would view this as a positive development. republicans also fare one-party control over divided government, but by a smaller margin of 36% to 27%. independents are split in their preferences between one-party, 28%, and divided government, 30%. democrats' preference for unit
i bring up the case of obama. when you had democrats ruling and everything they couldn't get everything done, two-party, i don't know. north versus the south didn't work real good for us 150 years ago, but why not have it set up eastern and central and pacific? three parties divided like the time zone. host: by the time zones, all right. don in tennessee on our line for independents. caller: thank you. host: more from the report from the gallup survey. they write that democrats are more likely...
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question the europeans can save themselves if they so choose ok we're talking about saving countries obama reelection definitely yeah sure ok where is russia's position in this volatile world it's a place it's always been it is a major developing economy it's halfway between asia and europe it grows much faster than belgium but slower than china yeah the story is unchanged it continues to grow and develop it's being slowed down by the problems but that's all it's just having to wade through the pain mount point of using. bad idea quantitative easing probably necessary but you're going to have to get off it at some point ok and the attractiveness last question the attractiveness of emerging markets are. terrible except that they're better than any other markets out there was being rebuilt and they were emerging markets are taking their rightful place and people have to wake up to that ok now we're also joined by simon fenton fletcher he's a portfolio manager with renaissance asset management before we go to my two other guests here but take a look at russia's turn to the east. this month th
question the europeans can save themselves if they so choose ok we're talking about saving countries obama reelection definitely yeah sure ok where is russia's position in this volatile world it's a place it's always been it is a major developing economy it's halfway between asia and europe it grows much faster than belgium but slower than china yeah the story is unchanged it continues to grow and develop it's being slowed down by the problems but that's all it's just having to wade through the...
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obama. we talked to cnbc host maria bartiromo about wall street's view of the economy. this is 50 minutes. >> host: joining us from our new york studio is a familiar face to anyone who is turned on cnbc, maria bartiromo who is the anchor of closing bell on that channel. maria bartiromo i want to start by asking about to headline this morning in "the wall street journal." the side-by-side numbers trouble ahead. this is about the drop in durable goods that was reported yesterday and the headline next to it is, obama trumpets revised job data, saying we are adding jobs. how would you describe our economy today? >> guest: i think right now the economy has worsened. you have got a jobs problem pretty severe and persistent. at 8.1% of the country without a job and of course we know that does not include those who have simply stopped looking so then employment rate is or like 11 or 12% of the country. you mentioned the durable goods numbers yesterday. that indicated things like washing machines and
obama. we talked to cnbc host maria bartiromo about wall street's view of the economy. this is 50 minutes. >> host: joining us from our new york studio is a familiar face to anyone who is turned on cnbc, maria bartiromo who is the anchor of closing bell on that channel. maria bartiromo i want to start by asking about to headline this morning in "the wall street journal." the side-by-side numbers trouble ahead. this is about the drop in durable goods that was reported yesterday...
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wall street braces for an obama win. mitt romney was wall street candidate committed to lower taxes and less regulation would never rip anchor says fatcats as president barack obama famously did. many masters of the universe can see they may not get their man to wall street in the broader landscape of corporate america even strong supporters of romney acknowledged a swing state polling numbers in the direction of economic data and market suggests it is time to brace for a second obama term. i want to ask you about using the word grace in this story. >> yeah, i mean, i think that the president has had an antagonistic relationship with business. i think that is pretty clear. and so, he did over the last several months i think lose the independent vote and certainly the business vote. and so, if the numbers show he's actually winning, i could understand that now they are disappointed because they were counting on some competition. but i don't think you can really tell right now. i mean, it is hard to know how accurate these
wall street braces for an obama win. mitt romney was wall street candidate committed to lower taxes and less regulation would never rip anchor says fatcats as president barack obama famously did. many masters of the universe can see they may not get their man to wall street in the broader landscape of corporate america even strong supporters of romney acknowledged a swing state polling numbers in the direction of economic data and market suggests it is time to brace for a second obama term. i...
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we can't afford four more years of barack obama. >> president obama and governor romney meet in their first-ever presidential debate. watch and engage including the live debate preview at 7:00 p.m. eastern with the debate at 9:00 had posted the day. -- and post-debate. >> i was always shot as anybody that spent a lot of time around campaigns, most people could not explain to me why they did anything they were doing. at some point, they did it because they have always done it that way or there was some sort of role that wasn't really based in any research. i went around the campaigns with skepticism about some of the practices that were taking place. as i learned about people that were doing these field experiments and randomized controlled trials, learning more about the information and targeting based on revolutionizing campaigns in the past decade, this was a major generational shift. in addition to all of these campaigns changing the way they operated, there is cultural tension between the old practices and the new empirical. >> saturday night at 10:00 eastern. he dodged congress m
we can't afford four more years of barack obama. >> president obama and governor romney meet in their first-ever presidential debate. watch and engage including the live debate preview at 7:00 p.m. eastern with the debate at 9:00 had posted the day. -- and post-debate. >> i was always shot as anybody that spent a lot of time around campaigns, most people could not explain to me why they did anything they were doing. at some point, they did it because they have always done it that...